News by Ingevity 3

Ingevity Corporation has signed a license agreement with CHASM Advanced Materials, Inc. for the latter’s carbon nanotube (CNT) production technology. The $1.79 billion market cap company has seen its stock climb 22.36% year-to-date as it expands its materials technology portfolio.

The agreement grants Ingevity rights to manufacture CHASM’s NTeC-E CNT conductive additives for battery applications in North America and select European countries, building on a joint development agreement signed in February 2024.